Govt mulls higher FDI in aviation sector, Air India divestment
  • WebDesk BTVI
  • Jul 26 2019

The government has started taking actions on opening of FDI in aviation sector. Deliberations between the Finance Ministry, Aviation Ministry, DIPAM and Commerce Ministry have already started taking place. Meetings are being held on raising the FDI cap for aviation sector, sources say. Sources add that the government is in a rush to open up FDI in aviation to facilitate Air India sale as both privatisation and higher FDI will help the airline.